What legal documents do I need to understand and sign when considering redevelopment?
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#lawyer #architect #pmc #redevelopment
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@Vinu-Datta You might encounter documents like a redevelopment agreement, which outlines the terms between you and the developer, including compensation, timeline, and responsibilities. There could also be agreements related to temporary relocation during construction. It's essential to review and understand these documents thoroughly before signing.
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@Vinu-Datta you're a property owner and entering into a joint development with the developer, a development agreement will outline the responsibilities, rights, and obligations of both parties.